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Elon Musk misled Twitter investors during 2022 stock buy
SEC sues Elon Musk, accusing him of withholding info that cost Twitter investors millions
The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely manner in 2022.
SEC Accuses Elon Musk Of Buying Up Twitter Stock At Deflated Price
The Securities and Exchange Commission has filed a lawsuit against Elon Musk alleging that in the lead-up to his acquisition of Twitter in 2022, he illegally failed to disclose he’d amassed a large portion of stock in the company ― allowing him to buy more shares of the platform at “artificially low prices.”
Elon Musk underpaid Twitter acquisition by $150M by not disclosing stake, SEC alleges
The SEC sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in 2022.
2h
on MSN
Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tak complaint’
Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least ...
Oneindia
7m
Elon Musk Faces SEC Lawsuit Over Twitter Stock Deal: What It Means For His Rising US Power
Elon Musk’s legal battle with the SEC over his delayed Twitter stock disclosure underscores the increasing scrutiny on his ...
7h
US SEC sues Elon Musk over late disclosure of Twitter stake
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world's richest person of ...
Opinion
8h
Opinion
Elon Musk Won’t Save TikTok
If Musk’s deconstruction of X indicates what’s in store for TikTok, it’s not likely to be a win for the more than 170 million ...
2d
on MSN
Elon Musk could become a 'special government employee' as a co-lead of DOGE. Here's what that means.
As a "special government employee," Musk would be subject to less stringent conflict of interest standards than regular ...
1d
on MSN
Elon Musk’s divisive politics not at fault for Tesla losing support of major European investor
Speaking to Fortune, pension fund provider ABP said it liquidated its entire holding in Tesla long before Musk began wading ...
13h
on MSN
Elon Musk donates Tesla shares worth $112 million to charities with "no current intention to ..."
Elon Musk has donated 268,000 Tesla shares valued at nearly $112 million to charity. This follows a significant donation of ...
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